23 Oct 2015, – Navi Mumbai, India: Market reports on India presents the latest report on “Market Report on India Medical Tourist Arrivals and Spending Forecast To 2020”. the Indian medical tourism market followed by Nigeria. In 2014, United States and United Kingdom are holding market share of XX percent and XX percent respectively, while UAE is holding XX percent market share during the same year. Russian Fed.
Medical tourism in India has emerged as the fastest mounting segment of tourism industry. http://www.marketreportsonindia.com/service-industry-market-research-reports-13052/india-medical-tourist-arrivals-spending.html Indian medical tourism sector is expected to experience a compounded annual growth rate of 17% during the period 2015- 2020. As medical treatment costs in the developed world balloon - with the United States leading the way - more and more Western countries are finding the prospect of international travel for medical care increasingly appealing. The Indian government has removed many visa restrictions and introduced a visa-on-arrival scheme for medical tourists from selected countries; this allows foreign nationals to stay in India for 30 days for medical reasons and can even get a visa of up to 1 year depending upon treatment requirements.
In the Indian medical tourism market, Afghanistan is the leading source country. Bangladesh is the second top source market for Indian medical tourism with XX percent market share in 2014. Iraq is the third leading source market for Indian medical tourism. Maldives hold around XX percent market share of the Indian medical tourism market followed by Nigeria. In 2014, United States and United Kingdom are holding market share of XX percent and XX percent respectively, while UAE is holding XX percent market share during the same year. Russian Fed. is one of the emerging source market for Indian medical tourism market and its share is likely to grow during the forecasting period.